ALSCHWIM
ActiveSummary
ALSCHWIM has been active since 1992 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €123,291 and a net result of -€7,447. Equity is shrinking by ~4.3% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.9% (low).
Checked score
Score 2024
Axes · tick = 2023
Profitability76▼-1
Solvency93▼-1
Growth37=
Track record100
Bankruptcy probability, 12 months
0.9%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,000 at 30 days acceptable
Liquidity short (current ratio 0.09 against 0.09 in 2023; short-term debt: 32.3% and cash: 2.9% of total assets), and 32.3% of the assets are financed with debt.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
67.7%
Return on assets
-4.1%
Age of the figures
21 mo
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 18-06-2026, 43 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
43 d early
2024
29 d early
2023
51 d early
2022
54 d early
2021
41 d early
2020
33 d early
2019
35 d early
← before the deadline
after the deadline →
tick = median of all Belgian filings
This company filed its last 7 accounts on average 41 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. Usually files around 18 June (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
29-09-2026 today31-12-2026 close31-07-2027 deadline
History
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Financials · fiscal year 2024, full schema
Turnover
€12,303▲ 8.2%
2023 · €11,365
EBIT margin
-60.2%▼ 8.8pp
2023 · -51.4%
Net result
-€7,447▼ 26.6%
2023 · -€5,884
Working capital
-€53,605▼ 2.3%
2023 · -€52,377
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232024
Turnover€11,713▲ 10.0%€11,470▼ 2.1%€11,280▼ 1.7%€11,365▲ 0.8%€12,303▲ 8.2%
Operating result-€5,425▼ 54.9%-€7,255▼ 33.7%-€4,879▲ 32.8%-€5,839▼ 19.7%-€7,402▼ 26.8%
Net result-€6,737▼ 45.1%-€7,865▼ 16.7%-€4,939▲ 37.2%-€5,884▼ 19.1%-€7,447▼ 26.6%
EBIT margin-46.3%▼ 13.4pp-63.3%▼ 16.9pp-43.3%▲ 20.0pp-51.4%▼ 8.1pp-60.2%▼ 8.8pp
Equity€149,425▼ 4.3%€141,560▼ 5.3%€136,621▼ 3.5%€130,737▼ 4.3%€123,291▼ 5.7%
Total assets€211,615▼ 4.9%€202,199▼ 4.4%€194,487▼ 3.8%€188,477▼ 3.1%€182,151▼ 3.4%
Debt€62,190▼ 6.2%€60,640▼ 2.5%€57,866▼ 4.6%€57,740▼ 0.2%€58,861▲ 1.9%
Working capital-€61,226▲ 5.2%-€57,393▲ 6.3%-€55,222▲ 3.8%-€52,377▲ 5.2%-€53,605▼ 2.3%
Staff (FTE)00
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €7,402 in 2024 against €5,839 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €182,151
Fixed assets
€176,896 ▼ 3.4%
Current assets
€5,256 ▼ 2.0%
Equity and liabilities €182,151
Equity
€123,291 ▼ 5.7%
Debt
€58,861 ▲ 1.9%
Debt's share of the balance-sheet total rises from 30.6% to 32.3%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€2,798▼
2023 · €3,167
Cash flow
€2,753▼
2023 · €3,122
Current ratio
0.09▼
2023 · 0.09
Debt to equity
0.48▲
2023 · 0.44
ROE
-6.0%▼
2023 · -4.5%
ROA
-4.1%▼
2023 · -3.1%
Interest coverage
62.18▼
2023 · 70.38
Debt ≤ 1 year
€58,861▲
2023 · €57,740
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Peer companies
Historical observationOf the 12,321 companies that looked in July 2024 the way this one looks now, 0.7% went bankrupt within 24 months and 90% are still going.
- Micro
- 20 years or older
- solvency 30% or more
- a small loss
0.7%
went bankrupt
8.6%
stopped otherwise
90%
still going
A further 0.5% stopped, but we cannot tell whether within those 24 months.
For this company itself Checked computes a higher bankruptcy probability: 0.9% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.
How reliable is this rule?
Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 1.0% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.9% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.
An observation about 12,321 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Turnover70 | €11,713 | €11,470 | €11,280 | €11,365 | €12,303 | ▲ 8.2% |
| Non-recurring operating income76A | - | €5,859 | €1,404 | €0 | - | - |
| Goods, raw materials, services and sundry goods60/61 | - | €10,189 | €4,335 | €3,421 | €4,546 | ▲ 32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €10,402 | €10,402 | €9,006 | €9,006 | €10,200 | ▲ 13.3% |
| Other operating charges640/8 | - | €3,993 | €4,222 | €4,778 | €4,959 | ▲ 3.8% |
| Gross operating margin9900 | €8,943 | €7,140 | €8,350 | €7,945 | €7,757 | ▼ 2.4% |
| Operating profit (loss)9901 | -€5,425 | -€7,255 | -€4,879 | -€5,839 | -€7,402 | ▼ 26.8% |
| Financial charges65/66B | - | €610 | €60 | €45 | €45 | = |
| Recurring financial charges65 | €1,312 | €610 | €60 | €45 | €45 | = |
| Profit (loss) for the period before taxes9903 | -€6,737 | -€7,865 | -€4,939 | -€5,884 | -€7,447 | ▼ 26.6% |
| Profit (loss) for the period9904 | -€6,737 | -€7,865 | -€4,939 | -€5,884 | -€7,447 | ▼ 26.6% |
| Profit (loss) for the period to be appropriated9905 | -€6,737 | -€7,865 | -€4,939 | -€5,884 | -€7,447 | ▼ 26.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €211,615 | €202,199 | €194,487 | €188,477 | €182,151 | ▼ 3.4% |
| Fixed assets21/28 | €210,651 | €200,549 | €191,843 | €183,114 | €176,896 | ▼ 3.4% |
| Intangible fixed assets21 | - | €0 | €0 | €0 | €0 | - |
| Tangible fixed assets22/27 | €205,073 | €194,671 | €191,843 | €183,114 | €176,896 | ▼ 3.4% |
| Land and buildings22 | - | €194,671 | €190,134 | €181,128 | €176,896 | ▼ 2.3% |
| Assets under construction and advance payments27 | - | - | €1,709 | €1,987 | - | - |
| Financial fixed assets28 | €5,578 | €5,878 | €0 | - | - | - |
| Current assets29/58 | €964 | €1,650 | €2,644 | €5,363 | €5,256 | ▼ 2.0% |
| Amounts receivable within one year40/41 | €420 | €459 | - | - | - | - |
| Trade receivables40 | - | €459 | - | - | - | - |
| Cash at bank and in hand54/58 | €544 | €1,191 | €2,644 | €5,363 | €5,256 | ▼ 2.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €211,615 | €202,199 | €194,487 | €188,477 | €182,151 | ▼ 3.4% |
| Equity10/15 | €149,425 | €141,560 | €136,621 | €130,737 | €123,291 | ▼ 5.7% |
| Contributions10/11 | €262,767 | €262,767 | €262,767 | €262,767 | €262,767 | = |
| Capital10 | - | €262,767 | €262,767 | €262,767 | €262,767 | = |
| Issued capital100 | - | €262,767 | €262,767 | €262,767 | €262,767 | = |
| Reserves13 | €247 | €247 | €247 | €247 | €247 | = |
| Non-distributable reserves130/1 | - | €247 | €247 | €247 | €247 | = |
| Legal reserve130 | - | €247 | €247 | €247 | €247 | = |
| Profit (loss) carried forward14 | -€113,589 | -€121,454 | -€126,393 | -€132,277 | -€139,723 | ▼ 5.6% |
| Amounts payable17/49 | €62,190 | €60,640 | €57,866 | €57,740 | €58,861 | ▲ 1.9% |
| Amounts payable after more than one year17 | - | €1,596 | - | - | - | - |
| Trade debts175 | - | €1,345 | - | - | - | - |
| Other amounts payable178/9 | - | €252 | - | - | - | - |
| Amounts payable within one year42/48 | €62,190 | €59,043 | €57,866 | €57,740 | €58,861 | ▲ 1.9% |
| Other amounts payable47/48 | - | €59,043 | €57,866 | €57,740 | €58,861 | ▲ 1.9% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€6,737 | -€7,865 | -€4,939 | -€5,884 | -€7,447 | ▼ 26.6% |
| + Depreciation and write-downs630 | €10,402 | €10,402 | €9,006 | €9,006 | €10,200 | ▲ 13.3% |
| Operating cash flow (approximation) | €3,665 | €2,537 | €4,068 | €3,122 | €2,753 | ▼ 11.8% |
| Investment in fixed assets (approximation) | - | -€300 | -€300 | -€278 | -€3,981 | ▼ 1,333% |
| Change in cash | - | €647 | €1,453 | €2,719 | -€107 | ▼ 104% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
16-07
State Gazette act
Statutes amendment · Resignations & appointments · MiscellaneousRegistered office clause · Power of attorney · Incorporation9 facts ▸
State Gazette act
Statutes amendment · Resignations & appointments · Miscellaneous
Registered office clause · Power of attorney · Incorporation9 facts ▸
- Registered office clause, 1495 Sart-Dames-Avelines,Drève Pierre Laruelle 1
- Power of attorney, BERGEN Christian (director)
- Power of attorney, HIRN Sylvie (director)
- General meeting, 08-07-2026
- Incorporation, 10-12-1992
- Name change, ALSCHWIM
- Statutes amendment
- Statutes amendment
- Capital, €262.767,1
25-06
State Gazette act
Appointments: BERGEN Alexis, HIRN Sylvie and BERGEN Christian4 facts ▸
State Gazette act
Appointments: BERGEN Alexis, HIRN Sylvie and BERGEN Christian
4 facts ▸
- General meeting, 01-06-2026
- Director appointment, BERGEN Alexis (managing director)
- Director appointment, HIRN Sylvie (director)
- Director appointment, BERGEN Christian (director)
18-06
NBB filing
Annual accounts filed
fiscal year 2025 · full schema
2025
02-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
10-06
NBB filing
Annual accounts filed
fiscal year 2023 · full schema
2023
07-06
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
20-06
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Weakest financial yearnet -€7,865
Net result drops to -€7,865, the lowest in the series; recovery starts the following year.
28-06
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
26-06
NBB filing
Annual accounts filed
fiscal year 2019 · full schema
2019
27-06
NBB filing
Annual accounts filed
fiscal year 2018 · full schema
2018
03-07
NBB filing
Annual accounts filed
fiscal year 2017 · full schema
2017
25-06
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 7 acts read
About the unread acts
Of the 7 Belgian State Gazette acts we know for this company, 2 have been read. The other 5 have not been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
under verification, last change in 2026
This board is reconstructed from a single act (26081546). A Gazette act generally publishes only CHANGES, not a full roll call, so directors unchanged since then may be missing here. The KBO register holds the complete list of function holders.
Board 2
BERGEN Christian
CurrentDirector · since 01-06-2026
HIRN Sylvie
CurrentDirector · since 01-06-2026
Day-to-day management 1
BERGEN Alexis
CurrentManaging director · since 01-06-2026
Derived from published Gazette acts. The CBE keeps the official list of function holders; we do not read it, so the two can differ.
See the function holders in the CBE →
Not every act has been read: a resignation may be missing here
5 of this company's 7 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing above: a director who resigned there may therefore still show here as sitting. The acts are in the Timeline.
Location & real-estate footprint
Registered office, Villers-la-Ville · 1 establishment unit since 1993
Ground area
2,037 m²
Building footprint
151 m²
Volume, LiDAR
1,037 m³
Parcel 25098A0035/00Z000, Wallonia · tallest building 8.1 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
VDM PROPERTIES SA
since 19932.064.480.791
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25098A0035/00Z000 | Wallonia | 2,037 m² | 1 · 151 m² | 8.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Mandate history
3 people since 2026, 3 in office
- Board
- Day-to-day management
| Name | Functions and periods |
|---|---|
| BERGEN Christian |
|
| HIRN Sylvie |
|
| BERGEN Alexis |
|
Articles of association
Who signs
“ARTICLE 22 – Représentation – actes et actions judiciaires La société est représentée dans tous les actes, y compris ceux où interviennent un fonctionnaire public ou un officier ministériel et en justice : - par l’administrateur-délégué ; - soit par l’administrateur unique soit, en cas de conseil…”
Full text
ARTICLE 22 – Représentation – actes et actions judiciaires La société est représentée dans tous les actes, y compris ceux où interviennent un fonctionnaire public ou un officier ministériel et en justice : - par l’administrateur-délégué ; - soit par l’administrateur unique soit, en cas de conseil d’administration, par deux administrateurs agissants seul ; - soit, dans les limites de la gestion journalière, par chaque délégué à cette gestion, agissant seul. Elle est en outre valablement engagée par des mandataires spéciaux dans les limites de leurs mandats.
Annual meeting
First Monday of June at 18:00
Duration
Unlimited
Purpose
L’achat et la vente,le louage,la gestion et l’administration de tous biens mobiliers et immobiliers et des sociétés,et de tout ce qui s’y rapporte directement ou indirectement; La…
Full purpose (3 activities)
- L’achat et la vente,le louage,la gestion et l’administration de tous biens mobiliers et immobiliers et des sociétés,et de tout ce qui s’y rapporte directement ou indirectement.
- La société pourra effectuer en générale toutes actions commerciales,industrielles,financières,mobilières et immobilières ayant un rapport direct ou indirect avec sa raison sociale ou qui pourrait en faciliter entièrement ou partiellement la réalisation.
- Elle peut participer par mise de fonds,fusion,souscription ou autres interventions auprès de toutes sociétés existantes ou à constituer,tant en Belgique qu’à l’étranger et dont l’objet est équivalent ou similaire au sien.
Other statement
Indivisibilité des titres
Ayants-cause
Présidence du conseil d'administration, parmi ses membres
Réunions du conseil d'administration, président
Délibérations du conseil d'administration, moitié au moins des membres présents ou représentés
Procès-verbaux du conseil d'administration, registre
Gestion journalière et représentation pour cette gestion, gestion journalière
Contrôle, un ou plusieurs commissaires
Composition et pouvoirs de l'assemblée générale, tous les actionnaires qui ont le droit de voter par eux-mêmes ou par mandataires moyennant observation des pres…
Convocations de l'assemblée générale, toute personne peut renoncer
Admission à l'assemblée générale, au plus tard trois jours francs avant la date fixée
Mandataire actionnaire ou non, representation assemblee
Bureau assemblee, un administrateur
Droit vote, dispositions légales et statutaires
Deliberations assemblee, absolue sans abstentions quel que soit nombre représenté
Proces verbaux assemblee, deux administrateurs ou administrateur-délégué
Article 3:12 Code sociétés et associations, 30 jours de approbation
Assemblée majorité absolue sur proposition organe dans limites loi, distribution benefice
Situation active et passive examinée par commissaire, acomptes dividendes
Significations et notifications valablement données affaires et responsabilité, election domicile
Competence judiciaire, société actionnaires obligataires administrateurs commissaires liquidateurs affaires et statuts
Droit commun, loi et Code sociétés et associations
Payement des dividendes-acomptes, 35
Augmentation et réduction du capital, assemblée générale délibérant comme en matière de modification aux statuts
Droit de souscription préférentielle, par l'assemblée générale,statuant dans l'intérêt social et comme en matière de modification aux statuts et dans les cas pr…
Appels de fonds, lettre recommandée(ou:par courrier ordinaire ou via adresse e-mail communiquée)
1 more provision on this in the deed
Transfer restriction
Intérêt social, cession et transmission des titres
Power of attorney
One provision in the deed
Board rule
Sauf décision contraire de l'assemblée générale, non rémunéré
Représentant permanent de personne morale administrateur, ne peut mettre fin sans désigner simultanément un successeur
Administrateur unique, nommé dans les statuts ou par l’assemblée générale
Révocation administrateur unique, même si consentement requis par disposition statutaire,assemblée peut mettre fin sans consentement aux quorum et majorité modi…
Conseil peut créer en son sein et sous sa responsabilité un ou plusieurs comités, comités consultatifs
1 more provision on this in the deed
Liquidation rule
Plus étendus conférés par Code, fixés par assemblée le cas échéant
Liquidation distribution
Réparti également entre toutes actions, apurement dettes charges frais ou consignation
Name clause
Registered office clause
Région wallonne, établir ou supprimer des sièges d’exploitation par simple décision de l’administrateur unique pour autant que sans changement de régime linguis…
Structure & network
Connections & network
3 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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Capital and shareholders
Capital over the years
- 16-07-2026 Capital stated in the act · 262,767.10 EUR · 10,600 shares
Identification & contact
Identification
Legal formPublic limited company
Founded10-12-1992
Fiscal year end31-12
Legal name FR
VDM PROPERTIES
Contact
E-mail
vdmproperties@outlook.comVillers-la-Ville
Phone
0478662484Villers-la-Ville
E-invoicing
Not found in the Peppol register
No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.
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If you follow this company, Checked tells you the day it appears in the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.